<ul><li>Bitcoin (BTC) analysts predict a potential price fall below the $99k level citing weakening momentum, macroeconomic uncertainties, and drop in daily active addresses.</li><li>Bitcoin has been trading within a narrow range of $101k to $105k, with a 2% rally in the last 24 hours, currently trading at $105k.</li><li>Three reasons support the analysis of a correction towards $99k: Weakening momentum shown by lower highs on technical charts, drop in daily active addresses indicating investor exodus, and macroeconomic uncertainty regarding a possible rate cut.</li><li>Despite the bearish outlook, analyst Scott Melker predicts Bitcoin could reach $250k by year-end, stressing the need for a decisive move above $104k for a bullish reversal.</li></ul>

Bitcoin (BTC) Hits Resistance—3 Signs a $99K Pullback Is Coming

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